Fill Out and Submit W8BEN Form for Beachbody Coach

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=Bg33gF-YtxA

Canada: W-8BEN W-8BEN-E Tax Forms • FAQ: 1233 • What is a W-8BEN? • The W-8BEN form is provided by the Internal Revenue Service (IRS), and its purpose is to allow non-US persons to receive a reduced rate of taxation on any US-sourced income. US-sourced income refers to income received from businesses registered or incorporated within the U.S. Please ensure the form you submit is the 2017 version of the W-8BEN. No previous versions will be accepted. • Why do Canadian Coaches need to submit a W-8BEN? • Team Beachbody Canada LP will be paying commissions to all Canadian Coaches. A portion of the commission/bonus income a Canadian Coach receives could be considered US-sourced income because of the inclusion of US Coaches (and related US sales activity) in a Canadian Coach's downline. US-sourced income is subject to withholding even though paid to a Canadian Coach by Team Beachbody Canada LP. Team Beachbody avoids having to withhold by claiming benefit under the US - Canada Tax Treaty. The W-8BEN is required from each Canadian Coach to be able to claim benefit under the treaty. • In order to comply with Beachbody's U.S. tax information reporting and withholding obligations, each of Beachbody's Canadian resident Coaches (of record as an individual, registered with their SIN) will need to complete and sign the attached IRS Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals). • IS THERE A SAMPLE W-8BEN FORM WITH HOW-TO INSTRUCTIONS: • Yes. An example of a completed Form W-8BEN that is believed to be representative of the facts and circumstances for most of Beachbody's individual Canadian resident Coaches has been included HERE: • https://faq.beachbody.com/ci/fattach/... • NOTE: This example is intended to provide an illustration to facilitate each Coach's understanding of how to complete the Form W-8BEN. This example is not intended to provide personal tax or financial planning advice by Beachbody. It is recommended that each Coach review their individual situation with their personal tax advisor or financial planner, because each Coach will be signing the Form W-8BEN, under penalties of perjury, representing that the information provided is both accurate and truthful. Beachbody, LLC and its affiliates will not be held responsible for any use/misuse of this example or any information provided in related communications when making personal tax or financial planning decisions. Canadian Coaches who have opened their Beachbody Coach Business Center using a corporate entity and taxpayer ID number are required to complete the Form W-8BEN-E. • WHAT ARE THE W-8BEN SUBMISSION INSTRUCTIONS? • Step 1: • Individuals: https://www.irs.gov/pub/irs-pdf/fw8be... • Company: https://www.irs.gov/pub/irs-pdf/fw8be... • • Step 2: Submit the completed form • 1. Go to Canada Contact Us Form https://faq.beachbody.ca/app/ask/lob/... • 2. Member Type: Coach • 3. Request: Coach Enrollment • • ====================================== • DREAM. BELIEVE. SUCCEED. • Want to become an Online Fitness Coach: https://goo.gl/B4QMht • Join Natasha's Challenge Group: https://goo.gl/Vnn1q5 • Check out my new progam: https://goo.gl/cZjx7T • Follow Natasha on Social Media: • Instagram: / fit_natasha • Facebook: / natashafahey82 • Email: [email protected] • ======================================

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